This guy obviously doesnt understand that there are 100 million satoshi in each bitcoin…. I will never understand why news people have people come on their show that have no idea what they are talking about.

I think you have it wrong here. Bill gross, a legendary bod fund manager, is actually endorsing the concept of bitcoin. He says the central banking manipulation of credit it was spurred along and supports bitcoin. He is correct that you will not buy your groceries in bitcoin just like you won't buy your groceries in gold. Because they are not priced in Bitcoin! Listen to this man he has a better handle on the state of macro money terms then any paid per click youtuber does. No he is not going to tell you that the nest hot alt coin to buy or to tell you to hodl. But he does cleary state that the world financial system is in a very dangerous place and people are looking for a better a store of value then fiat. Google Bill gross Pimco. Dude managed trillions of $'s in bond funds. I think he understands a little about government debt yo.

All respect to Bill Gross for his knowledge on bonds etc. But why must he comment on Bitcoin/blockchain, which he clearly knows little about? Bloomberg and other news outlets please bring on Bitcoin/Ethereum…/blockchain people who knows what they are talking about, and also please don't bring on journalists who thought it was fun to study Bitcoins for 10 mins and then have them make the usual boring and false comparison to the Tulip mania.

My God what an idiot. Has absolutely no idea what Bitcoin and the proof of concept platform of Crypto Currency even is! It's unbelievable! Why is he even talking on the subject? Nice Beetlejuice haircut by the way.

This man said try buying food with a coin (BTC) that is worth 16,000 as if you cannot use 1 one millionth of that coin otherwise known as a satoshi or do an atomic swap and use litecoin.. HAHAHAHAHAHAHAH. The msm is so entertaining, the ignorance is truly enormous.

If this whole crypto thing has shown something is how this "experts" have no problem keeping a straight face while not knowing jackshit.Gross is THE bond man. what on earth is he doing spreading bs based on what he thinks he know to the unwashed masses?!

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